To promote and foster zionist intellectual infrastructure for the state of israel.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5.7M a year · 35% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $4.6M in investments, Pt X · Ln 11–13
Fine: 0.2 months of spending in cash, plus $4.6M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $3.4M
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.5M
-11% vs prior year
Spent
$8.7M
To programs
100%
Net assets
$6.1M
By yearFY2020–FY2024
Revenue
$7.5M
FY2021▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$8.4M
FY2021$7.5M
FY2022$10.0M
FY2023$36.4M
FY2024$18.5M
Expenses
$8.7M
FY2021▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.7M
FY2021$8.7M
FY2022$9.7M
FY2023$14.4M
FY2024$8.8M
Net assets
$6.1M
FY2021▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.1M
FY2021$6.1M
FY2022$4.3M
FY2023$25.7M
FY2024$35.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1997.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $8.7M Management & general 1% · $59K Fundraising 1% · $75K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Chairman/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Shalem Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and supports Zionist ideas and knowledge for Israel.

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Provided by the organization

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1 program · $8.7M · in their own filed words · FY2021
01

Promoting and fostering the creation of a zionist intellectual infrastructure for the state of israel, the development of a jewish national culture, and the promotion of intellectual and economic liberty.

$8.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 14 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$7.5M
Ln 12
Gifts and grantsLn 1h$7.4M
Investment incomeLn 3$71K
Money outPt IX
$8.7M
Ln 25
Programscol B$8.7M
Managementcol C$59K
Fundraisingcol D$75K
Owns and owesPt X
$6.1M
net assets · Ln 32
Cash and savingsLn 1–2$127K
Total assetsLn 16$6.1M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Investment incomeLn 3$71K
Gains on assetsLn 7$0
Total revenueLn 12$7.5M
Assets in detailPt X, end of year
CashLn 1$127K
SavingsLn 2$345
Cash and savings togetherLn 1–2$127K
InvestmentsLn 11–13$4.6M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$6.1M
LiabilitiesLn 26$1.3M
Net assetsLn 32$6.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$319K$127K
InvestmentsLn 11–13$4.1M$4.6M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$7.1M$6.1M
LiabilitiesLn 26$0$1.3M
Net assetsLn 32$7.1M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$8.7M$8.7M
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$21K$21K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$16K$16K
Other fees for servicesLn 11g$75K$75K
Advertising and promotionLn 12$0
Office expensesLn 13$10K$10K
Information technologyLn 14$1K$1K
RoyaltiesLn 15$0
OccupancyLn 16$2K$2K
TravelLn 17$1K$1K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$4K$4K
Total functional expensesLn 25$8.9M$8.7M$59K$75K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $18.5M$8.8M$9.7M$35.8M 990 PDF
FY2023 $36.4M$14.4M$22.1M$25.7M 990 PDF
FY2022 $10.0M$9.7M$276K$4.3M 990 PDF
FY2021 Viewing $7.5M$8.7M−$1.3M$6.1M 990 PDF
FY2020 $8.4M$10.7M−$2.3M$7.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $7,479,324 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,316,566$7,408,371
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $80,839$70,953
I-11 Other revenuePrior year $8,625$0
I-12 Total revenuePrior year $8,406,030$7,479,324
I-13 Grants and similar amounts paidPrior year $10,638,350$8,744,722
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $72,335$134,060
I-18 Total expensesPrior year $10,710,685$8,878,782
I-19 Revenue less expensesPrior year −$2,304,655−$1,399,458
Part VI · Governance 9 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $7,479,324 across 8 lines filed
VIII-1f All other contributions, gifts and grants$7,408,371
VIII-1h Total contributions, gifts and grants$7,408,371
VIII-3 Investment incomeExcluded from tax $70,953$70,953
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueExcluded from tax $70,953$7,479,324
Part IX · Statement of functional expenses $8,878,782 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipientsPrograms $8,744,722$8,744,722
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $1,797$1,797
IX-11c Accounting feesManagement $21,112$21,112
IX-11d Lobbying fees$0
IX-11f Investment management feesManagement $16,073$16,073
IX-11g Other fees for servicesFundraising $75,000$75,000
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $9,681$9,681
IX-14 Information technologyManagement $1,105$1,105
IX-15 Royalties$0
IX-16 OccupancyManagement $1,871$1,871
IX-17 TravelManagement $1,378$1,378
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $1,667$1,667
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $4,376$4,376
IX-25 Total functional expensesPrograms $8,744,722 · Management $59,060 · Fundraising $75,000$8,878,782
Part X · Balance sheet $6,111,704 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $318,471$126,828
X-2 Savings and temporary cash investmentsStart of year $705$345
X-3 Pledges and grants receivableStart of year $2,687,015$1,385,484
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $3,478$27,373
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $4,109,455$4,571,674
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $4,376$0
X-16 Total assetsStart of year $7,123,500$6,111,704
X-17 Accounts payable and accrued expensesStart of year $0$723
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$1,332,450
X-26 Total liabilitiesStart of year $0$1,333,173
X-27 Net assets without donor restrictionsStart of year $292,119−$873,784
X-28 Net assets with donor restrictionsStart of year $6,831,381$5,652,315
X-32 Total net assets or fund balancesStart of year $7,123,500$4,778,531
X-33 Total liabilities and net assetsStart of year $7,123,500$6,111,704
Part XI · Reconciliation of net assets $4,778,531 net assets at year end
XI-1 Total revenue$7,479,324
XI-2 Total expenses$8,878,782
XI-3 Revenue less expenses−$1,399,458
XI-4 Net assets at start of year$7,123,500
XI-5 Net unrealized gains (losses) on investments$280,019
XI-8 Prior period adjustments−$1,075,530
XI-9 Other changes in net assets−$150,000
XI-10 Net assets at end of year$4,778,531

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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